Nordic Shipholding — M&A Activity 2021

Jun 30, 2021

Company Announcement 10/2021

Company Announcement 10/2021

June 30, 2021

NORDIC SHIPHOLDING A/S

Company Announcement: 10/2021

Published via NASDAQ OMX on June 30, 2021.

Update on Merger Discussions

As stated in Company Announcement 11/2020 and the 2020 Annual Report, discussions have been initiated with potential merger partners to secure the long-term viability for the Group. The Board wishes to update that such discussions are still on-going and the Board remains cautiously optimistic that a merger may be consummated in due course.

Management have also put in place a plan for an orderly sale of the vessels in the event the merger discussion fails.

For further information please contact:

Knud Pontoppidan, Chairman of the board, Nordic Shipholding A/S: +45 39 29 10 00